Can detect divergences for the following oscillators/indicators: MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX, Composite index, ATR, OBV, MFI and Momentum. Only one oscillator/indicator can be selected.
Draws solid lines for regular/classical (potential reversal) divergences and dashed lines for hidden (trend continuation) divergences. The lines are drawn on the chart as well as in the indicator window.
Sends an alert when a divergence has been detected.
Contains 2 buffers which a developer can use with the iCustom() function in an Expert Advisor (EA). Buffer index 0 for bull signals and index 1 for bear signals. The value returned is the indicator value. The RSI filter (if enabled) will not work. You will have to build you own RSI filter in the EA if you plan to use it. There is a code example in the end of the blog on how to use iCustom().
Please find the description and explanation of the input parameters here.